Encumbrances outstanding at year


Encumbrances outstanding at year end in a cites general fund should be reported as a:

A. fund balance reserve in the general fund

B. Liability in the general fund

C. Fund balance designation in the general fund

D. Liability in the governmental activities column on the governmental wide statement of net assets.

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Accounting Basics: Encumbrances outstanding at year
Reference No:- TGS057296

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